6 Comments
founding
Jul 20Liked by C. Bradley Thompson

This article demonstrates that America's strong and strict property rights are unique in the world. Few Americans appreciate the importance of property rights to our economic success. Property rights are the basis of all wealth creation, the dominance of the dollar as world reserve currency, and even the flood of immigration we are now experiencing. Property rights (or the lack thereof) are why I could never invest in a Chinese company or advise anyone else to do so.

Expand full comment

Odd, I can comment but not like. Stalin was once described as Genghis Kahn with a telephone. Imagine him with more modern tech and AI.

As to the Founders, Jefferson said, about slavery, something like "When I consider that God is just, I tremble for my country." and he was a slave owner. While noting British involvement is fair, let's not forget that the first African slaves, the infamous 1619 crew were brought here by the Portuguese and the Dutch were enthusiastic slavers too. In 1703, there were more slaves in NYC, Dutch until 1664, than anywhere except Charleston SC.

Expand full comment

Very informative and interesting. Property taxes are driving me to distraction right now; especially the "wealth tax" aspect of the taxes. Basically, the property owner is required to pay taxes on unrealized capital gains. With inflation running hot, and incomes lagging, as they always do, the situation quickly becomes unsustainable.

Expand full comment

OK, now do slavery. By your definition, emancipation was by far the biggest expropriation in US history. It was accepted by the Founders and all the other authorities you cite that slaves were property and had been since the dawn of history.

It would seem , therefore, that unlimited property rights are in some cases inconsistent with liberty. To take more modern examples, private property owners routinely interfere with inalieble rights protected from government by the 1A and 2A. Yet it is government property laws that protect the owners who do this sometimes with criminal penalties. Abortion perimeter laws and concealed carry restrictions are good examples

.

Expand full comment

There was a recognized conflict during the founding between the idea that "all men are entitled to liberty" and the reality of slavery. Not to excuse it, but slavery was an institution introduced by the British into America for economic gain, and we, the people, recognizing its gross injustice, abolished it. Ideals and people are messy.

Now, with ever-expanding and intruding technology, the property of ourselves-- our self-ownership-- is threatened by forces wishing to profit from and gain control of bodies (as well as the commons) through unrestricted and intrusive use of technology. Nanotechnology and other technologies allow unseen access to our own selves, which access will accelerate exponentially unless we restrict them. These technologies deliberately aim to interfere with our individual sovereignty: this is where the money is. Surveillance is part of this; one can't manage what one can't monitor.

A world surely not imagined by the founders ....

Expand full comment

That's incoherent.

Expand full comment